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0.00% 35.5¢ warrego energy limited

Can anyone show me how a Market Cap of ~30M makes sense? As far...

  1. RussianRoolet
    3,640 Posts.
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    20/06/17
    14:40
    Post #: 25382214
    Can anyone show me how a Market Cap of ~30M makes sense?

    As far as I can see ~10% max is cash and the rest is baked in success when the only announcement has been that the drilling is certainly not going as planned and there is highly likely to be significant cost overuns so another CR would be required sooner rather than later.
    PRL Price at posting: 2.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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